Page 8 - Cognizant

IT employees' forum says Cognizant has terminated one of its leader

Company cites performance issues and client feedback as reasons for the termination

IT companies look to cut jobs at mid, senior levels in coming quarters

As hiring in US rises, with resulting cost pressure, these staffers in India are at risk; advent of digital tech another reason

Cognizant to hire 23,000 from Indian institutes in 2020, says India CMD

India CMD Ramkumar Ramamoorthy clarified Cognizant would continue hiring, and that the earlier job-cut announcement was but a small one, considering the company had around 290,000 employees globally

Cognizant's planned layoffs: IT employees' union wants a tripartite meeting

A Nasdaq-listed IT services firm, Cognizant had said last week that it was planning to cut around 13,000 jobs

Cost issues a big hurdle for Cognizant growth story, say analysts

Though reducing headcount will help control cost, the CEO has to overcome the cultural issues associated with the layoffs.

Cognizant set to sack 13,000 as part of '2020 Fit for Growth Plan'

Reduction to be around two per cent of the company's headcount

Getting employee pyramid right for growth: Cognizant CEO Brian Humphries

Cognizant announced measures including reduction in job count in the coming quarters apart from exiting content moderation business

Cognizant Sept quarter net up 4.1% at $497 million; to cut 12,000 jobs

Its revenue grew 4.2 per cent to $4.25 billion in the third quarter, compared to $4.07 billion in the year-ago period

Cognizant to exit Facebook content review contract, 6,000 jobs under threat

Cognizant had about 500 workers in India's southern city of Hyderabad looking for sensitive topics or profane language in Facebook videos

Cognizant to acquire tech consulting firm Contino for undisclosed sum

Transaction likely to close in fourth quarter of 2019, subject to regulatory approvals

Going after digital deals, growth rates will improve, says Cognizant CEO

India is a critical part of Cognizant and will continue to be so, says Humphries

Cognizant confident of growth, will hire more in India: CEO Brian Humphries

Humphries, who took over the reins of the company earlier this year, said he has spent the past few months in marathon meetings with clients and employees

'Encyclopaedia' Ramkumar Ramamoorthy takes charge of Cognizant India

Narayanan, who had hired a young Ramamoorthy, says he has reinvented himself several times over the past 20 years

R Ramamoorthy appointed chairman and managing director of Cognizant India

Ramamoorthy, who has been with the company for more than 21 years, played a leading role in developing many of the company's India-based portfolios

Madras HC directs Cognizant to approach Appellate Authority on tax dispute

A Cognizant spokesperson said that the company may not be able to comment on the development since it has not officially received a copy of the order

Cognizant boosts bench strength of leaders after spur of high-level exits

Experts say this is a step in the right direction for the firm to regain its competitive edge

Cognizant plans another round of layoffs to slash costs, says report

Cognizant is also exercising tighter control over expenses through a number of measures, including a slower pace of hiring and reduced travel expenses

Cognizant looks to re-invest in talent, digital solutions to drive growth

Cognizant is also focussing on higher-value services like digital as it chases higher margins

Cognizant looks to raise sales headcount to spur digital revenue

The move comes at a time when the company is optimising its employee pyramid apart from rationalising its SG&A expenses

Cognizant may hike variable pay component in move to lower costs: Report

Discussions around the change in compensation have just begun